European Commission President Ursula von der Leyen emphasized the need for closer and sustained cooperation (with Latin American countries) on global challenges, including discussions on climate finance, development and peace at international organizations such as the United Nations and the G20.

European Commission President Von der Leyen emphasized that Europe and Latin America should become more reliable partners and strengthen political dialogue.

Russian inflation expectations rose to 11.1% in July.

European Central Bank Governing Council Nagel: At present, there is no risk of excessive tightening.

ECB Governing Council Nagel: Monetary policy transmission may be slower than in the past.

Market news: Russian Deputy Prime Minister Novak held a meeting with Venezuelan oil minister.

COMEX gold fell back below $1,950 an ounce, down 0.74% on the day.

Faraday Future (FFIE.O) rose more than 8%.

In Brazilian spot market trades, the Brazilian real was down 1% against the dollar.

Indian government sources said high oil prices have put pressure on India to pay Russia for oil imports.

Activision Blizzard ( ATVI.O ) rose 3.5 percent as the deadline for a deal to buy the company from Microsoft ( MSFT.O ) looms.

A spokesman for Ukrainian President Volodymyr Zelensky said the shipowners had informed Ukraine that they would continue to export grain in the Black Sea if Ukraine and Turkey allowed the ships to pass.

International Energy Agency official: The oil market is expected to be more tense in the second half of this year.

Czech Industry Association: Czech (2023) passenger car production in the first half of the year increased by 21.7% year-on-year to 738,454 units.

Market news: U.S. Treasury Secretary Yellen discussed supply chain and economic security issues with South Korean Finance Minister Choo Kyung-ho.

The U.S. 10-year Treasury yield rose to 3.818% after the data.

Spot gold fell below $1,950 an ounce, down 0.27% on the day.